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Housing at 5 Year High–More to Come in 2014

2013 was a big year in the housing industry. After years of low listing activity and low buyer demand, buyers continued to enter the market in numbers not seen since the mid 2000s. The...

Twin Cities Home Prices See Record Gains

The April 2013 numbers are out and Twin Cities homes saw a 14.8% price increase over April 2012.   These are some of the strongest gains nationwide, and reflect the extent of our...

Mortgage Rates Start Their Inevitable Increase

The housing recovery has been underway for, according to who you ask, at least a year or two. With the increases in home values and sales to date, and the general improvement of the...

Median Home Prices In Hennepin County Up 25% In October

New data is out showing major median price increases over 2011.  The average increase from October 2011 to October 2012 for the 13 County Metro area is 14.8%, with Hennepin County...

Twin Cities Leading Housing Recovery

New numbers are out showing big month to month price increases across the US.  The Twin Cities market is among the leaders with prices increasing 8.7% from March to June of this year....

Home Prices Up 10% In July

Continuing the trend we’ve been seeing all year, the July numbers are in showing a 10% increase in prices over July 2011.  Super low inventories, record low mortgage rates, and...

Mortgage Rates Lowest In Our Lifetime?

Record low mortgage rates are not only fueling a brisk and competitive buyer’s market, but also a wave of re-finance based remodeling, giving the construction industry a...

Home Sales Up 23%, Prices Climbing

New Data is out showing a huge jump in home prices from May 2011 to May 2012.  With inventory at six-year lows and sales booming, this is no surprise.  The heavy demand and shortage...

Sales at Highest Level In Two Years, Inventory Lowest In Six

New data just released by the National Association of Realtors shows a big jump in sales for January.  With inventory remaining at  6 year lows, things are looking up for 2012....

Highest Pending Home Sales in 19 Months: Great News

The National Association of Realtors just released their national sales numbers for November, and the trend is clear–the market continues to regain strength.  Sales across the...